Page 14 - Natural Gas

Commodity outlook by Tradebulls Securities:Buy crude, natural gas

Expect rupee to trade in a range of 71.60-72.40 in the near term

Is natural gas key to sustainable development model? NGOs think otherwise

Extracting and transporting natural gas notably results in significant emissions of methane, a greenhouse gas 30 times more potent than CO2.

India best place for oil & gas investors: Pradhan to foreign firms

India is expanding oil refining capacity to produce more fuel and petrochemicals as also investing in pipelines and terminals to increase the share of natural gas in the energy mix.

Govt set to lift price restrictions on all locally produced natural gas

A panel led by the Niti Aayog vice chairman has also suggested free-market pricing for natural gas produced from all fields to boost domestic output

Output of 8 core industries contracts 5% in Sep, may hurt Q2 GDP growth

Gross domestic product grew by more than a six-year low of 5 per cent in the first quarter

Pipeline dreams of gas-based economy: Hurdles in govt's $118-bn masterplan

Though the government is mulling options to create a gas hub, doing so demands higher volume and maturity in the domestic market

Total SA to buy 37.4% stake in Adani Gas for nearly Rs 5,700 crore

The deal will be the largest foreign direct investment in India's city gas distribution

Bring natural gas, aviation turbine fuel in GST ambit: Dharmendra Pradhan

FM Sitharaman assures sanctity of contracts

India's 100 tcf gas reserves enough to meet half of demand till 2050: BP

India has the right policy framework of providing a higher cap price for natural gas produced from difficult areas such as deepsea, BP chief

Total to buy 37% stake in Adani Gas for $600 mn to expand India footprint

The deal will give Total access to India's natural gas market and support its drive to become one of the world's top LNG players

India to invest $60 bn in developing gas supply, distribution: Oil minister

The government is giving special impetus to develop gas infrastructure across the length and breadth of the country connecting north to south and east to west parts of India, he said.

Govt cuts gas price by over 12%, first such rate reduction since April 2017

The government cut the price of gas produced from difficult fields to $8.43 from $9.32, the PPAC notification said

Commodity outlook by Tradebulls Securities: Buy Zinc, sell Natural Gas

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

RIL seeks minimum $5.4 per unit for new natural gas find from KG-D6 block

Govt's gas pricing policy, however, provides for a higher cap price for future gas produced from difficult fields like those in deepsea

Reliance Industries' $4-bn investment threatened by global natural gas glut

Reliance predicted in 2014 that the project would boost Jamnagar's refining margins by about $2 a barrel, but Centrum Broking Ltd now sees an uplift of $1.30 to $1.50 by the 2021-2022 fiscal year

ONGC adopts Energy Strategy 2040; targets doubling of oil, gas production

State-owned Oil and Natural Gas Corp (ONGC) has set a target to double oil and gas output from its domestic and overseas fields and expand its refining capacity three-fold alongside diversification into renewables in a new vision document for 2040, its Chairman Shashi Shanker said. ONGC Energy Strategy 2040 envisions the company as "A diversified energy company with a strong contribution from non E&P business; 3x revenues and about 5-6x market capitalisation," he said. The firm produced 24.23 million tonnes of crude oil in the 2018-19 fiscal year and 25.81 billion cubic metres (bcm) of natural gas from its domestic fields. Another 10.1 million tonnes of oil and 4.736 bcm of gas were produced from its overseas assets. It had a turnover of Rs 109,654 crore and a net profit of Rs 26,715 crore in the year ended March 31, 2019. As on August 16, it had a market capitalisation of Rs 164,458 crore. In the company's latest annual report, Shanker said the ONGC board recently approved the ...

Clean fuel race: CNG may turn out to be key to India's automobile future

CNG may turn out to be the key to India's automobile future and the dream of increasing the share of natural gas

India is likely to set up gas trading hub by first quarter of 2020-21

The Narendra Modi government is looking into a plan to unbundle the gas transmission and marketing business of GAIL

Union Budget 2019: Discoms buying from gas units to now get subsidy

Of the 24,150 Mw of gas-based power generation capacity, 14,305 Mw has no supply of domestic gas

Natural gas price up 10%; ONGC posts 6.5% rise in gas production

Producers will be able to charge a maximum of $9.32 per mmBtu for difficult fields, posting an increase of about 22% from $7.67 a unit during October-March